Enterprise Financial Services (EFSC) Set to Announce Quarterly Earnings on Monday

Enterprise Financial Services (NASDAQ:EFSCGet Rating) will be issuing its quarterly earnings data after the market closes on Monday, April 25th. Analysts expect the company to announce earnings of $1.11 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Enterprise Financial Services (NASDAQ:EFSCGet Rating) last issued its quarterly earnings results on Monday, January 24th. The bank reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.20. Enterprise Financial Services had a return on equity of 13.08% and a net margin of 29.50%. The company had revenue of $124.69 million for the quarter, compared to analysts’ expectations of $121.70 million. During the same period last year, the firm earned $1.00 EPS. On average, analysts expect Enterprise Financial Services to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Shares of EFSC stock opened at $45.58 on Monday. Enterprise Financial Services has a 1 year low of $42.23 and a 1 year high of $51.50. The stock has a market cap of $1.72 billion, a PE ratio of 11.69 and a beta of 1.21. The business’s fifty day moving average is $48.30 and its 200-day moving average is $48.15. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.96 and a current ratio of 0.96.

The business also recently announced a quarterly dividend, which was paid on Thursday, March 31st. Investors of record on Tuesday, March 15th were issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.84%. This is a boost from Enterprise Financial Services’s previous quarterly dividend of $0.20. The ex-dividend date was Monday, March 14th. Enterprise Financial Services’s payout ratio is presently 21.54%.

A number of equities analysts recently issued reports on EFSC shares. Boenning Scattergood started coverage on Enterprise Financial Services in a report on Monday, March 21st. They issued an “outperform” rating on the stock. StockNews.com began coverage on Enterprise Financial Services in a research report on Thursday, March 31st. They set a “hold” rating for the company. Zacks Investment Research raised Enterprise Financial Services from a “hold” rating to a “buy” rating and set a $54.00 price objective for the company in a research report on Thursday, March 31st. Finally, Raymond James lifted their price objective on Enterprise Financial Services from $54.00 to $58.00 and gave the company an “outperform” rating in a research report on Thursday, January 27th.

Several large investors have recently made changes to their positions in EFSC. Royal Bank of Canada lifted its position in shares of Enterprise Financial Services by 401.6% in the third quarter. Royal Bank of Canada now owns 9,932 shares of the bank’s stock worth $449,000 after buying an additional 7,952 shares during the last quarter. BNP Paribas Arbitrage SA lifted its position in shares of Enterprise Financial Services by 155.8% in the third quarter. BNP Paribas Arbitrage SA now owns 10,246 shares of the bank’s stock worth $464,000 after buying an additional 6,241 shares during the last quarter. Citigroup Inc. lifted its position in shares of Enterprise Financial Services by 72.1% in the fourth quarter. Citigroup Inc. now owns 9,849 shares of the bank’s stock worth $464,000 after buying an additional 4,125 shares during the last quarter. Squarepoint Ops LLC acquired a new stake in shares of Enterprise Financial Services in the fourth quarter worth about $526,000. Finally, Renaissance Technologies LLC acquired a new stake in shares of Enterprise Financial Services in the fourth quarter worth about $994,000. 64.80% of the stock is owned by institutional investors.

About Enterprise Financial Services (Get Rating)

Enterprise Financial Services Corp operates as the financial holding company for Enterprise Bank & Trust that offers banking and wealth management services to individuals and corporate customers. The company offers checking, savings, and money market accounts, and certificates of deposit. It also provides commercial and industrial, commercial real estate, construction and land development, residential real estate, agricultural, and consumer loans.

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Earnings History for Enterprise Financial Services (NASDAQ:EFSC)

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